| Description | Nestled within one of Kailua’s favorite neighborhoods, Kalaheo Hillside, 315 Iliaina Street is filled with potential and island charm. The property includes two separate structures --- a cute, detached cottage studio with a full bath and kitchenette, plus a classic home offering 3 bedrooms, 2 full baths, a great open floor plan, and a separate dining area with large windows looking out to the backyard. Much of the home remains in its original condition, including beautiful koa kitchen cabinet doors that could shine again with restoration. The spacious yard features a large in-ground pool and plenty of room to reimagine the outdoor spaces! Split ACs in each room. Owned PV panels with net metering. Just minutes from Aikahi Shopping Center, Aikahi Elementary School, Kailua’s beaches, shopping, dining opportunities, markets, and so much more! Also close to MCBH Kaneohe, H-3, and Likelike Highway access, this property combines location, flexibility, and opportunity in one of Kailua’s most convenient neighborhoods. (Also listed as MLS#202609716) |
|---|---|
| Status | Contract since 05-29-2026 |
| MLS# | 202610580 |
| Price | $1,725,000 |
| Original Price | $1,875,000 |
| Price Change | $-150,000 (-8.00%) |
| Studio Units | 1 |
| One Bed Units | 0 |
| Two Bed Units | 0 |
| Three Bed Units | 1 |
| Living Sq Ft | 1,874 |
| Land Sq Ft | 10,017 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 315 Iliaina Street Kailua HI 96734 |
| Region | Kailua |
| Neighborhood | Kalaheo Hillside |
| Days on Market | 100 |
| Year Built | 1958 |
| Condition | Average |
| View | None |
| Parking | Covered, Open |
| Zoning | 03 - R10 - Residential District |
| Flood Zone | Zone X |
| Elementary | Aikahi |
| Middle | Kailua |
| High | Kalaheo |
| Tax Amount | $809 |
| Assessed Land | $1,287,600 |
| Assessed Building | $334,500 |
| Assessed Total | $1,622,100 |
| Assessed Ratio | 106% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Brick |
| Lot Features | Clear |
| Disclosures | Photovoltaic, Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-4-4-026-028-0000 |
| Listing courtesy of | Homes of Hawai'i Real Estate |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-10-2026 | 202610580 | Active Under Contract | A | C | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
| 09-01-2026 | 202610580 | Price Decrease | $1,875,000 | $1,725,000 | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
| 06-03-2026 | 202610580 | New Listing | A | $1,725,000 | $0 | $1,622,100 | $1,287,600 | $334,500 |
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